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Don't fret: 5 reasons San Francisco companies are dumping office space
June 8, 2015 • Source: http://www.bizjournals.com/sanfrancisco/morning_call/2015/06/5-reasons-sf-companies-sublease-office-space-cre.html?ana=e_bay_real&s=newsletter&ed=2015-06-09&u=XXg9cwOj7oqJSUROLq+V8A03fece74&t=1433872109 • Posted in: Market News
The sizzling San Francisco office market may have gotten some cold water sprinkled on it, now that the amount of space for sublease has hit a five-year high. Some office market observers have said this could be a signal that the office market may be cooling off possibly a leading indicator that technology companies are getting too ambitious with their space needs.
But real estate brokerages have sprung to the market's defense, arguing that the sublease trend is a positive sign. Subleases loosen the market, which makes it healthier, and give startups in need of quick space the opportunity to stay in San Francisco, they say.
Read more at San Francisco Business Times